Great Cash Flow, Popular, Limited-Service Hotel
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Hospitality Business For Sale in Confidential, AB (Listing ID: 3352)
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Annual Earnings:
$3,280,000
Liquid Cash Invested:
$
Borrowed Amount:
$
Interest on Borrowed Amount:
%
Tagged Keywords
Great Cash Flow, Popular, Limited-Service Hotel
This franchised, limited-service, four storey hotel has 96 guest rooms, a breakfast room, a fitness room, a meeting room, and other related hotel amenities.
It is located in a very busy oil and gas service centre that has seen some significant commitments recently. Penn West Energy Trust recently created a $1.25 billion joint venture with China Investment Corporation to increase development in this area. Shell Canada has also applied for regulatory approval for an 80,000 barrel per-day expansion of their existing operation (Carmon Creek).
The sale is structured as an Asset Sale. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.
$13,500,000 CAD
Confidential, AB Hospitality Business For Sale Details
Independent
Legal Body:
Incorporated
Established In:
2013
Gross Revenue:
To Be Discussed
Annual Earnings:
$ 3,280,000
Land/Building Included:
Yes
% of Business Selling:
100%
Reason for Sale:
Retirement
Financing Available:
No
Buyer does not need to have experience owning & operating a business or franchise.
Buyer does not need specific industry experience.
Buyer's networth must be greater than $5,000,000.00
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